Performance Management and Targets

“We don’t have targets”: TMBL

At the recent bargaining meeting with FSU, Teachers Mutual Bank Limited (TMBL) again stated that they don’t have targets for employees – and as such “no one is performance managed for not meeting targets”.

However, FSU members report that some managers have allegedly threatened employees with performance management if they don’t meet their targets.

To clear the air once and for all, we would like to hear directly from our members and all TMBL workers.

Please complete this short survey on Targets and Performance Management (it takes less than a minute).

Your details will remain strictly confidential.

Our Enterprise Agreement – Negotiations Continue

Meanwhile, enterprise agreement negotiations between your union, the FSU and TMBL continue.

The FSU has rejected TMBL’s proposal for a 1% annual wage increase: we are pursuing a 3.5% annual pay increase claim.

You can help by signing our pledge for fair pay @ TMBL

We are pleased to report that TMBL has agreed to the union’s proposal to increase the Domestic and Family Violence Leave to 20 days and to introduce 1-week paid leave for miscarriage.

The FSU will be holding report back meetings on the negotiations via Zoom on Tuesday 14 September.

Register here for an FSU Zoom, 6pm Tues 14th.

Please share this Update with your work colleagues.

For further information contact FSU Organiser email: or mobile: 0434 161 375

In Unity
Your FSU Bargaining Team.

Authorised by Julia Angrisano, National Secretary